Berkadia closes record-breaking $1.7 billion transactions in first half of year
By
Kathleen Steele Gaivin
Jul 19, 2024
Berkadia Seniors Housing & Healthcare completed more than $1.7 billion in sales and financings across 49 transactions in the first half of the year, the company announced Wednesday.
Insurance among common fringe benefits offered to CCRC employees
By
Lois A. Bowers
Jul 19, 2024
Insurance is a popular fringe benefit paid to management employees of continuing care retirement / life plan communities, according to the findings of the 2024-2025 CCRC Salary & Benefits Report. The national...
Loretto makes formal notification of cyberattack data breach
By
James M. Berklan
Jul 15, 2024
Loretto Management Corp. formally informed the attorney general of Vermont of a third-party data breach that recently allowed hackers to access the long-term care company’s information technology network.
Communities break fundraising record during The Longest Day
By
Foster Stubbs
Jul 24, 2024
63 Charter Senior Living communities across the nation raised money for Alzheimer’s research as part of the Alzheimer’s Association’s The Longest Day initiative. Find out more, and learn how to submit...
Welltower launches private placement of $750 million in exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 09, 2024
Welltower’s operating company, Welltower OP, has launched an offering of $750 million aggregate principal amount of exchangeable senior notes in a private placement, the real estate investment company...
Sunrise Senior Living in ‘significant growth mode,’ adds 13 communities
By
Kathleen Steele Gaivin
Jul 10, 2024
Sunrise Senior Living has assumed the operation of 13 communities and expected to assume the operation of more communities in the third quarter, the McLean, VA-based company announced Monday.
Sophisticated resident palates inspire senior living community to curate award-winning wine list
By
Kimberly Bonvissuto
Jul 15, 2024
A bistro located inside an Arizona continuing care retirement / life plan community has become the first such entity to earn a Wine Spectator Award of Excellence for its extensive wine list.
Edenwald Senior Living partners with Goucher College to join increasing number of university retirement...
By
Kathleen Steele Gaivin
Jul 11, 2024
Edenwald Senior Living, a not-for-profit continuing care retirement / life plan community in Towson, MD, is partnering with Goucher College to become a university retirement community, a growing national...
Senior living providers need strategic AI plans ‘as soon as possible,’ expert says
By
Lois A. Bowers
Jul 15, 2024
Artificial intelligence increasingly is being used by senior living operators and the companies that serve them, and those operators that haven’t implemented it risk being less efficient than their competitors...
As older adults live longer, technology provides answers to their care
By
Laurie Gerber
Jul 15, 2024
By adopting new technologies and helping our residents embrace telemedicine, we can ensure that we meet the healthcare challenges that lie ahead for older adults.